Hyderabad Land Scam Leaves Emaar Untainted
Posted in the Real Estate Forum
Since: Apr 13
#1 May 30, 2013
Based in Dubai, Emaar is one of the leading property developers in the world. It has endowed Dubai with beautiful homes and skyscrapers that are recognized globally. The real sector giant ventured in Indian territory in 2005 as a joint venture with MGF Development Limited.
In a very short span of time, Emaar has revolutionized luxury living in India by establishing premium properties in different parts of the country including Delhi NCR, Chennai, Hyderabad, Lucknow etc. This stupendous success was briefly overshadowed by an alleged land scam in which Emaar eventually proved its innocence. In fact the alleged Hyderabad land scam did not have any impact on Emaars commitment to its objective of building unique, innovative and luxurious infrastructures in India.
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